Current Attempt in Progress When preparing a statement of cash flows using the indirect approach, depreciation expense appears in the Operating Activities section as an addition, to correct the assumption that net income measures cash flows. O a deduction, to offset the deduction for the purchase of capital assets included in the Investing Activities section. O an addition, to offset the deduction for the purchase of capital assets included in the Investing Activities section. O a deduction because expenses reduce cash.

When preparing a statement of cash flows using the indirect approach depreciation expense appears in the Operating Activities section as an axdition, to correct the assumption that net income measures canh flows. a deduction, to offset the deduction for the purchase of capital assets included in the Investing Activities section. an addition, to offset the deduction for the purchase of capital assets included in the Investing Activities section. a deduction because expenses reduce cash